The week in Italian startups - Issue #131
M&A and other strategic moves
Campari, LVMH's Moët Hennessy acquired 100% of Tannico.
Aidexa, a neo-bank, signed a deal with Poste Italiane to distribute fast digital loans to Poste's SME customer base.
Credimi is 🇮🇹looking for acquirers, after a reportedly rough 2022.
Terna, the Italian company managing the energy grid, 🇮🇹launched Terna forward, a €50m corporate VC program.
Reading this week
The Italian startup ecosystem 🇮🇹has already raised €2.1B in 2022, according to the Hi-Tech Startup Observatory of the School of Management of the Polytechnic of Milan.
You probably already know about ChatGPT. And your Twitter feed has been probably flooded by people posting their experiments with it, but this one is definitely worth reading (if you are into Linux, that is).
The fundraising tracker is updated weekly based on the news published in this newsletter.
Giacomo Mollo and I comment on the latest news every week: subscribe to our podcast on YouTube, Spotify, Apple Podcast, and other platforms to get additional insights on what is happening in the Italian ecosystem.
Have a great week,